OMG I hope I didn't get scamed for 14 k

[r735w]

Here the scoop. I bought a car from out of state. I told dealer that I
will pick it up in 20 days. So he faxed me a Invoice stating he is
selling this car to me for 23k and included the VIN number, also faxing
me a void title that was registered to an insurance company (it was a
salvaged vehicle-had car inspected by mechanic so no worries in that
department)

I assumed this is valid document cause it has company info and properly
written. In order not to loose the car I decided to wire-transfer 14k
to the dealers account and the rest was planning on paying him when I
pick it up.

Now I'm really worried cause it has been 1 day and so far he did't fax
me any receipt for the 14 k payment. Maybe he didn't get a chance yet
but I am freaking out.

I made sure that on the wire-transer a memo was added that described
the car, vin and purchaser.

From my thinking if this was a legit dealer account (which it sounded

like) my money could always be recovered.

I did not sign any papers so am I just plain freaking out or could I
possibly be scammed ?

 

[Larry]

Here the scoop. I bought a car from out of state. I told dealer that I
will pick it up in 20 days. So he faxed me a Invoice stating he is
selling this car to me for 23k and included the VIN number, also faxing
me a void title that was registered to an insurance company (it was a
salvaged vehicle-had car inspected by mechanic so no worries in that
department)

I assumed this is valid document cause it has company info and properly
written. In order not to loose the car I decided to wire-transfer 14k
to the dealers account and the rest was planning on paying him when I
pick it up.

Now I'm really worried cause it has been 1 day and so far he did't fax
me any receipt for the 14 k payment. Maybe he didn't get a chance yet
but I am freaking out.

I made sure that on the wire-transer a memo was added that described
the car, vin and purchaser.


like) my money could always be recovered.

I did not sign any papers so am I just plain freaking out or could I
possibly be scammed ?

Why in all god's creation would you spend $23,000 for a salvaged titled
vehicle!!!! The dealer won't scam you with the payment you made, cause he
just scammed you legitimately with your purchase. A salvaged vehicle, if
you could even book a value on it, is only worth about 60% of trade-in
value, if that.

 

[fish6525]

Here the scoop. I bought a car from out of state. I told dealer that I
will pick it up in 20 days. So he faxed me a Invoice stating he is
selling this car to me for 23k and included the VIN number, also faxing
me a void title that was registered to an insurance company (it was a
salvaged vehicle-had car inspected by mechanic so no worries in that
department)

I assumed this is valid document cause it has company info and properly
written. In order not to loose the car I decided to wire-transfer 14k
to the dealers account and the rest was planning on paying him when I
pick it up.

Now I'm really worried cause it has been 1 day and so far he did't fax
me any receipt for the 14 k payment. Maybe he didn't get a chance yet
but I am freaking out.

I made sure that on the wire-transer a memo was added that described
the car, vin and purchaser.


like) my money could always be recovered.

I did not sign any papers so am I just plain freaking out or could I
possibly be scammed ?

By now, I am sure that you wouldn't handle this transaction the same
way again. I don't like the idea of wire transferring money to someone
unknown, even if it is a "Dealer." Whose idea was that? Suggest you
telephone the Dealer pronto to find out what is going on.

 

[tergen]

You can probably still back out of the deal since you haven't actually
signed anything yet or obtained the vehicle.

The amount of money you paid for a salvage title is insane. It's
probably worth 2,000, not 23. I really hope you'll talk to your bank,
discuss this with the dealer and use what leverage you have to protect
yourself.

 

[Ragnar]

Here the scoop. I bought a car from out of state. I told dealer that I
will pick it up in 20 days. So he faxed me a Invoice stating he is
selling this car to me for 23k and included the VIN number, also faxing
me a void title that was registered to an insurance company (it was a
salvaged vehicle-had car inspected by mechanic so no worries in that
department)

Why are you paying 23K for a salvaged vehicle when a new one can be had
cheaper?

 

[M.J.]

Why are you paying 23K for a salvaged vehicle when a new one can be had
cheaper?

We don't know what brand is the car.

M.J.

 

[lkreh]

this is clearly a joke people.